Solar systems are becoming increasingly popular all around the world. Many homeowners are preferring solar systems instead of traditional coal-based or fuel-based systems to generate energy. People are taking immense benefit from this renewable source of energy. For those who can’t afford solar panels, the fact that companies now offer so many excellent renewable energy programs like Cirro Energy plans is a huge thing.
However, in the recent past, the commercial sector is also focusing on this not-so-new source of energy that is not only reliable but more beneficial as well. Companies have to deal a lot with the high energy costs related to the needs of a growing organization. That is why they are trying to shift to solar systems.
Commercial solar systems are getting popular with every passing day. More and more businesses are now trying their hands to go solar. Solar energy has far more benefits to offer for businesses as they have better financing options available. Most companies have buildings that have flat roofs and therefore they are suitable for the installation of solar panels. Moreover, commercial solar systems also help to reduce operating costs. This article will discuss in detail the installation process, cost, and benefits of a commercial solar system in detail.
Commercial Solar System
The term commercial solar system is used to define the installation of solar panels or solar systems in the commercial and industrial sectors. Every type of solar power used out of the category of residential use is commercial solar. Government organizations and non-profit organizations also come under the umbrella of commercial solar.
Below are the examples of organisations and businesses that use commercial solar systems
- Factories
- Warehouses
- Hospitals and clinics
- Shopping malls
- Schools and daycare centres
- Retails outlets
- Parking areas
Installation of a Commercial Solar System
There is a vast variety of businesses and organizations that use commercial solar systems. All of them have different building structures and settings. The requirements of every business also vary from one another. All of them have variable uses of energy.
Commercial solar panels are different in size and capacity as compared to the residential ones. Commercial solar panels are much larger in size and they are not fixed only on the roofs. Some companies also use ground-mounted solar panels. Some commercial solar systems also include a system that changes its height with the changing angle of the sun. Some are built in a way that they are tilted towards the sun to get the most energy in day time.
However, the company should choose a system that is highly efficient and best suits its needs. The less space or product requirements involved in the installation, the less the installation cost will be and the simpler will be the installation procedure.
Cost of a Commercial Solar System
This is obvious that commercial solar is more expensive compared to residential solar systems. However, the cost is totally dependent on the size of the system and the requirements of the business. For example, a small company can find the best commercial solar system is $50000. However, a bigger company may have to spend $ 1 million to get the commercial solar system that they require. There are many factors involved that can affect the overall price of the system for example, location of installation, type of system to be installed and level of difficulty of installation etc.
Benefits of a Commercial Solar System
There are so many benefits that commercial solar can offer to businesses and organizations. That is why many of them are going solar. Some of the benefits are discussed below.
Solar Tax Credit1
Many governments are offering discounts and credits in taxes for companies if they install commercial solar systems. In some countries, it is equal to 26% of the total cost of installing a commercial solar system. This means if you pay $50,000 for the installation of a solar system, then you will be given a credit of $13000 when you will file your taxes
Lower Operating Costs
It is not news for many. Most people are already aware of the fact that solar systems are able to reduce electricity costs to nearly zero. For example, if your company has an on-grid solar system installed, then you can send back the surplus energy to the grid and save lots of money on the monthly utility bills.
Quick Return on Investment
Commercial solar systems are able to do a quick return on investment. You will start getting the return within 2-3 years of installation. Considering the fact that solar panels are designed to have a lifespan of more than 25 years, a payback period of 2-3 years is really quick.
Eco-friendliness of the Commercial Solar Systems
Solar systems have near zero carbon emissions and greenhouse gas emissions. That is why solar power is considered eco-friendly. Businesses can take part in the betterment of our environment by going solar.
Final Thoughts
Commercial solar systems can be very beneficial for businesses and organizations as they have long-term benefits and usability. They are a source of great investment and a very reliable, renewable source of energy. If organizations want to cut operating costs while still remaining as functional as before, then they should opt for commercial solar systems.